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HomeMy WebLinkAboutAgreements/Contracts - BOCC (002)FRONTIER 'TITLE &c ESCROW cOMParaY 324 S Ash Street, Suite F Moses Lake, WA 98837 Phone. (509) 764-2368 Toll Free: (866) 848-5365 Fax: (509) 764-4179 WIRE INSTRUCTIONS Date: Jan 25, 2022 TO: RE: Escrow No.: G-1 9898CDF Parties: Sun Basin Raceway LLC I Grant County Property: NNA#1 6-0866-003., Ephrata, WA 98823 Wire Funds to: U.S. BANK NATIONAL ASSOCIATION Moses Lake Branch 203 E Third Avenue Moses Lake, WA 98837 Phone: 509-765-3405 ABA Routing No.: 125000105 Account No.: 153592219684 Customer Name: FRONTIER TITLE AND ESCROW CO. INC. GRANT COUNTY TRUST ACCOUNT 324 S Ash Street, Suite F Moses Lake, WA 98837 If you should have any questions, please do not hesitate to contact us at (509) 764-2368. Sincerely, Escrow Officer Page 3 of 6 BORROWER'S ESTIMATED SETTLEMENT STATEMENT Frontier Title & Escrow Company 324 S. Ash Streets Ste. F Moses Laker WA 98837 Phone: (509)76+2368 File No.: G-19898CDF Escrow Officer/Closer: Cheryl Vanden Bos Settlement Date: January 31,, 2022 Borrower. Grant County Seller. Sun Basin Raceway LLC Propertr. NNA#16-0866003 Ephrata,, WA 98823 Debit Credit I Financial Consideration Sale Price of Property $ 500,000.00 Prorations/Adjustments County Taxes $353.44 01/01/22 to 01/29/22 Loan Charges Settlement Fee $1,002.70 E -Riling Fee $5.42 I Pre aids --7 I Initial Escrow Payment at Closing I Title Charges Title - Owner's Title Insurance (optional) $1,629.26 Policy Issued: ALTA Own. Policy (06/17/2006) Coverage: $ 500,,000.00 $ 1r629.26 Recording Charges Recording Fees $250.00 Excise Tax Local $2,,500.00 Excise Tax State $5,500.00 Processing Fee $5.00 I Payoffs I I Miscellaneous Debits Credits Subtotals Balance Due FROM TOTALS Grant C"ty, a Washin t gg BY:xft,�,-j nn y -ESV �ie, BOCC Robes, I air . (. N;eA % V Ondy Carter, We*er .municipal corporation $ 510,892.38 $ 510,892.38 $353.44 $ 510,538.94 $ 510,892.38 (G-1 9898CDFPFD/G-1 9898CDF/11) Escrow Number: G-19898CDF Frontier Title & Escrow Company 324 S. Ash Street, Ste. F Moses Lake, WA 98837 (509)764-2368 Fax: (509)764-4179 Date: January 25, 2022 Escrow Number: G-19898CDF Escrow Closer: Cheryl Vanden Bos File Name: County LLC CLOSING AGREEMENT AND ESCROW INSTRUCTIONS For Purchase and Sale Transaction The undersigned buyer and seller (referred to herein as "the parties") hereby designate and appoint Frontier Title & Escrow Company (referred to herein as "the closing agent") to act as their closing and escrow agent according to the following agreements and instructions. 1T IS AGREED, AND THE CLOSING AGENT IS INSTRUCTED, AS FOLLOWS: Terms of Sale. The terms and conditions of the transaction which is the subject of these instructions (referred to herein as "the transaction") are set forth in the parties' Purchase and Sale Agreement, Earnest Money Agreement, or other written agreement, and any attachments, amendments or addenda to that agreement (referred to herein as "the parties' agreement"), which is made a part of these instructions by this reference. Any changes to the parties' agreement will be made a part of these instructions, without further reference, when signed by the parties and delivered to the closing agent. These instructions are not intended to amend, modify or supersede the terms and conditions of the parties' agreement and if there is any conflict or inconsistency between these instructions and the parties' agreement, the terms and conditions of the parties' agreement shall control. Description of Real Property. The real property which is the subject of the transaction (referred to herein as "the property") is identified in the parties' agreement. The documents required to close the transaction must contain the "legal description" of the property. If the parties' agreement does not yet contain the correct legal description, the parties or the real estate agent shall obtain an addendum setting forth the legal description as soon as possible and deliver it to the closing agent. Closing Date. The date on which the documents required to close the transaction are filed for record (referred to herein as "the closing date") shall be on or before the date for closing of the transaction specified in the parties' agreement unless the closing date fails within the three-day rescission period after delivery to the buyer of an amended real property transfer disclosure statement, in which case the closing date shall be extended until the expiration of the three-day rescission period. Documents. The closing agent is instructed to select, prepare, correct, receive, hold, record and deliver documents as necessary to close the transaction. The closing agent may request that certain documents be prepared or obtained by the parties or their attorneys, in which case the parties shall deliver the requested documents to the closing agent before the closing date. Execution of any document will be considered approval of its form and contents by each party signing such document. Deposits and Disbursements of Funds. Before the closing date, each party shall deposit with the closing agent all funds required to be paid by such party to close the transaction, less any earnest money previously deposited with the real estate agent. The closing agent is authorized, but not required, to consider a lending institution's written commitment to deposit funds as the equivalent of a deposit of such funds, if all conditions of the' commitment will be met on or before the closing date. All funds received by the closing agent shall be deposited in one or more of its escrow or trust accounts with any bank doing business in the State of Washington and may be transferred to any other such accounts. The closing agent shall not be required to disburse any funds deposited by check or draft until it has been advised by its bank that such check or draft has been honored. All disbursements shall be made by the closing agent's check. Settlement Statement. The closing agent is instructed to prepare a settlement statement showing all funds deposited for the account of each of the parties and the proposed disbursements from such funds. No funds shall be disbursed until the parties have examined and approved the settlement statement. Some items may be estimated, and the final amount of each estimated item will be adjusted to the exact amount required to be paid at the time of disbursement. The settlement statement will be subject to audit and any errors or omissions may be corrected at any time. If any monetary error is found, the amount will be immediately paid by the party liable for such payment to the party entitled to receive it. Pro -rations. Adjustments or pro -rations of real estate taxes, and other charges if any, shall be made on a per -diem basis using a 365 day year, unless the closing agent is otherwise instructed. Title Insurance. The closing agent is instructed to obtain and forward to the parties a preliminary commitment for title insurance on the property and on any other parcel of real property that will be used to secure payment of any obligation created in the transaction (referred to herein as "the title report"). The closing agent is authorized to rely on the title report in the performance of its duties and shall have no responsibility or liability for any title defects or encumbrances which are not disclosed in the title report. Verification of Existina Encumbrances. The closing agent is instructed to request a written statement from the holder of each existing encumbrance on the property, verifying its status, terms, balance owing and, if it will not be removed at closing, the requirements that must be met to obtain a waiver of any due -on -safe provision. The closing agent may rely upon such Escrow Number: G-19898CDF written statements in the performance of its duties, without liability or responsibility for their accuracy or completeness. Instructions From Third Parties. If any written instructions necessary to close the transaction according to the parties' agreement are given to the closing agent by anyone other than the parties or their attorneys, including but not limited to lenders, such instructions are accepted and agreed to by the parties. Disclosure of Information to Third Parties. The closing agent is authorized to furnish, upon request, copies of any closing documents, agreements or instructions concerning the transaction to the parties' attorneys, and to any real estate agent, lender or title insurance company involved in the transaction. Other papers or documents containing personal or financial information concerning any party may not be released to anyone other than the party's attorney or lender, without prior written approval. Potential Legal Problems. If the closing agent becomes aware of any facts, circumstances or potential problems which, in its opinion, should be reviewed by any of the parties' attorneys, the closing agent is authorized, in its sole discretion, to advise the parties of such facts, circumstances or potential problems and recommend that legal counsel be sought. Closing Agent's Fees and Expenses. The closing agent's fee is intended as compensation for the services set forth in these instructions. If additional services are required to comply with any change or addition to the parties' agreement or these instructions, or as a result of any parry's assignment of interest or delay in performance, the parties agree to pay a reasonable additional fee for such services. The parties shall also reimburse the closing agent for any out-of-pocket costs and expenses incurred by it under these instructions. The closing agent's fees, costs and expenses shall be due and payable on the closing date or other termination of the closing agent's duties and responsibilities under these instructions, and shall be paid one-half by the buyer and one-half by the seller unless otherwise provided in the parties' agreement. Cancellation. These instructions may be canceled by a written agreement, signed by all of the parties, and payment of the closing agent's fees, costs and expenses. Upon receipt of such agreement and payment, the closing agent shall return any money or documents then held by it to the parties that deposited the same, and shall have no further duties or responsibilities under these instructions. Inability to Comply With Instructions. If the closing agent receives conflicting instructions or determines, for any reason, that it cannot comply with these instructions by the date for closing specified in the parties' agreement or in any written extension of that date, it shall notify the parties, request further instructions, and in its discretion: (1) continue to perform its duties and close the transaction as soon as possible after receiving further instructions, or (2) if no conflicting instructions have been received, return any money or documents then held by it to the parties that deposited the same, less any fees and expenses chargeable to such party, or (3) commence a court action, deposit the money and documents held by it into the registry of the court, and ask the court to determine the rights of the parties. When the money and documents have been returned to the parties or deposited into the registry of the court, the closing agent shall have no further duties or responsibilities under these instructions. Disputes. Should any dispute arise between the parties, or any of them, and/or any other party, concerning the property or funds involved in the transaction, the closing agent may, in its sole discretion, hold all documents and funds in their existing status pending resolution of the dispute, or join or commence a court action, deposit the money and documents held by it with the court, and ask the court to determine the rights of the parties. Upon depositing said funds and documents with the court, the closing agent shall have no further duties or responsibilities under these instructions. The parties jointly and severally agree to pay the closing agent's costs, expenses and reasonable attorney's fees incurred in any lawsuit arising out of or in connection with the transaction or these instructions, whether such lawsuit is instituted by the closing agent, the parties, or any other person. Notices. Any notice, declaration or request made under these instructions shall be in writing, signed by the party giving such notice or making such declaration or request, and personally delivered or mailed to the closing agent and other parties at their addresses set forth in these instructions. Amendments. Any amendment, addition or supplement to these instructions must be in writing, signed by the appropriate parties and delivered to the closing agent. Counterparts. These instructions may be executed in one or more counterparts with like effect as if all signatures appeared on one copy. Effect. These instructions shall bind and benefit the parties, the closing agent, and their successors in interest. Definitions. When used herein or in any amendment, addition or supplement hereto, words and phrases are defined and are to be construed as follows: The words "buyer" and "seller" refer to all persons and entities identified as such by their signatures on this document, jointly and severally unless otherwise indicated, and shall be construed interchangeably with other similar terms such as "purchaser", "vendee", "vendor", "grantee" or "grantor" as may be appropriate in the context and circumstances to which such words apply. The word "lender" refers to any lending institution or other party, including the seller if appropriate, that has agreed to provide all or part of the financing for the transaction or to which the buyer has made a loan application. The phrase 'these instructions" refers to the agreements, instructions and provisions set forth in this document and all amendments, additions and supplements to this document. The phrase "the property" refers to the real property identified in the parties' agreement, including any other parcel of real property that will be used to secure payment of any obligation created in the transaction, and does not include any items of personal property unless otherwise specifically stated in these instructions. The phrase "outside of escrow" refers to any duty, obligation or other matter which is the sole responsibility of the parties or of any party, and for which the closing agent shall have no responsibility or liability. if a initials Escrow Number: G-19898CDF In these instructions, singular and plural words, and masculine, feminine and neuter words, shall be construed interchangeably as may be appropriate in the context and circumstances to which such words apply. MATTERS TO BE COMPLETED BY THE BUYER AND SELLER IMPORTANT - READ CAREFULLY The following items must be completed by the parties, outside of escrow, and are not part of the closing agent's duties under these instructions. Disclosure, Inspection and Approval of the Property. Any required disclosures concerning the property including, but not limited, to preparation and delivery of any required Real Property Transfer Disclosure Statement, or inspections or approvals of the property or of improvements, additions or repairs to the property, will be arranged and completed by the parties, outside of escrow. The closing agent shall have no liability with respect to the accuracy of any disclosures made, or for the physical condition of the property, or any buildings, improvements, plumbing, heating, cooling, electrical, septic or other systems on the property, and no responsibility to inspect the property, or to otherwise determine or disclose its physical condition, or to determine whether any required disclosures have been made, or whether any required improvements, additions or repairs have been satisfactorily completed. Personal Property. Any required inspections, approvals or transfers of possession of any owned or leased fixtures, equipment or other items of personal property included in the transaction, and payment of any personal property, sales or use taxes, will be completed by the parties outside of escrow. Unless otherwise instructed, the closing agent shall have no responsibility with respect to such personal property and shall not be required to determine the status or condition of the title to, encumbrances upon, ownership, or physical condition of such personal property, nor to calculate, pro -rate, collect, prepare returns for or pay any personal property tax, sales tax or use tax arising from the transaction. Utilities. All orders, cancellations, transfers, payments and adjustment of accounts for water, sewer, garbage collection, electricity, gas, fuel oil, telephone, television cable and any other utilities or public services will be completed by the parties outside of escrow. Unless otherwise instructed, the closing agent shall have no responsibility, except as required by law, effective January 1, 1997, to determine, collect, pay, pro -rate or adjust charges for installation or service for any utilities or public services, except to pro -rate existing recurrent assessments for public improvements, if any, which appear on the title report. Fire or Casualty Insurance. If a new policy of fire, hazard or casualty insurance on the property is necessary to close the transaction, the buyer will arrange for the policy to be issued, outside of escrow, and will provide evidence of the required insurance coverage to the closing agent before the closing date. Unless otherwise instructed, the closing agent shall have no responsibility to contract for or obtain any policy of fire, hazard or casualty insurance on the property, or any assignment of such policy. Possession of the Property. The transfer of possession of the property shall be arranged directly between the parties outside of escrow and shall not be the responsibility of the closing agent. Collection Account. If any financing for the transaction will be provided by a private party, the parties are advised to open a collection account at a financial institution to receive and disburse payments to be made under the private promissory note or contract. The collection account shall be established by the parties outside of escrow and shall not be the responsibility of the closing agent. Payment of Omitted Taxes. If any additional real property taxes are assessed for improvements made to the property that have not been added to the tax rolls before the closing date, the parties shall pay their respective shares of such omitted taxes, pro -rated as of the closing date, within 34 days after receipt of notification that such taxes have been assessed. The closing agent shall not be responsible or liable for any assessment, collection or payment of omitted taxes. Individual Taxes. The parties are advised to consult with their attorneys to determine whether they must report income, deduct expenses or losses, or withhold or pay any income or business taxes as result of the transaction. The closing agent shall have no responsibility for the parties' individual tax consequences arising from the transaction. Foreign Investment in Real Properly Tax Act. If any seller is, or may be, a non-resident alien or a foreign corporation, partnership, trust or estate for the purposes of United States income taxation, the parties are advised to consult with their attorneys before the closing date to determine their responsibilities and liabilities, if any, under the Foreign Investment in Real Property Tax Act (Section 1445 et seq. of the Internal Revenue Code). The closing agent is not required to verify the nationality or foreign status of any of the sellers, or to withhold, report or pay any amounts due under such act. Approvals and Permits. The parties are advised to consult with their attorneys to determine whether any building, zoning, subdivision, septic system, or other construction or land use permits or approvals will be required, either before or after the closing date. The closing agent shall have no responsibility with respect to any such permit or approval, and shall have no liability arising from the failure of any party to obtain, or from the refusal of any governmental authority to grant, any such permit or approval. Compliance With Certain Laws. The parties are advised to consult with their attorneys to determine their rights and responsibilities, if any, with respect to disclosures concerning the condition of the property, or under the Consumer Protection Act, Truth -in -Lending Act, Interstate Land Sales Act or other similar laws. The closing agent shall have no responsibility for disclosures concerning the condition of the property, or for the parties' compliance, nor any liability arising from the failure of any party to comply, with any such requirement or law. Additional Agreements, Instructions and Disclosures: Initials Escrow Number: G-1 9898CDF NOTICE TO PARTIES The services of the closing agent under these instructions will be performed by the person named below, who is certified as a Limited Practice Officer under Admission to Practice Rule 12, adopted by the Washington State Supreme Court. Under that rule, Limited Practice Officers may only select, prepare and complete certain documents on forms which have been approved for their use. You are further advised that: • THE LIMITED PRACTICE OFFICER IS NOT ACTING AS THE ADVOCATE OR REPRESENTATIVE OF EITHER (OR ANY) OF THE PARTIES. • THE DOCUMENTS PREPARED BY THE LIMITED PRACTICE OFFICER WILL AFFECT THE LEGAL RIGHTS OF THE PARTIES. • THE PARTIES' INTERESTS IN THE DOCUMENTS MAY DIFFER. THE PARTIES HAVE A RIGHT TO BE REPRESENTED BY LAWYERS OF THEIR OWN SELECTION. • THE LIMITED PRACTICE OFFICER CANNOT GIVE LEGAL ADVICE AS TO THE MANNER IN WHICH THE DOCUMENTS AFFECT THE PARTIES. The Limited Practice Officer for this transaction is: Cheryl Vanden Bos LPO Number: 3257 BY SIGNING THESE INSTRUCTIONS, EACH PARTY ACKNOWLEDGES: I have been specifically informed that the closing agent is forbidden by law from offering any advice concerning the merits of the transaction or the documents that will be used to close the transaction. The closing agent has not offered any legal advice or referred me to any named attorney, but has clearly requested that I seek legal counsel if I have any doubt concerning the transaction or these instructions. I have had adequate time and opportunity to read and understand these instructions and all other existing documents referred to in these instructions. BUYER SIGNATURE(S): DATE: Grant County, a Washington state municipal corporation BY: Danny E. Sjx(ne, BO 8-6 q6r ,*V I Me Phair Cindy Carter, Member Buyer's Forwarding Address: Buyer's phone: Day Evening Fax SELLER SIGNATURE(S): DATE: Sun Basin Raceway, LLC, a Washington limited liability company BY: Michael 1. Witte, Governor BY: Rita Witte, Governor Seller's Forwarding Address: Seller's phone: Day Evening Fax APPROVED AND ACCEPTED BY: Frontier Title & Escrow Company Cheryl Vanden Bos Escrow Processor LPO Number: 3257 Initials STATUTORY WARRANTY DEED TATE GRANTOR, SUN BASIN RACEWAY, LLC, a Washington limited liability company for and in consideration of Ten Dollars ($10.00), and other ,good and valuable consideration in hand paid, conveys and warrants to GRANT COUNTY, WASHINGTON, a Washington county under Ch. 36.01 RCW, Grantee, the following described real property situate in Grant County, Washington.- THAT ashington:THAT PORTION OF THE SOUTHEAST QUARTER OF SECTION 22, TOWNSHIP 21 NORTH, RANGE 26 E.W.M., GRANT COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNNING AT A U.S.B.R.. BRASS CAP MONUMENT MARRING THE SOUTH QUARTER CORNER. OF SAID SECTION, SAID POINT BEARS SOUTH 00026538") WEST, 2649.36 FEET FROM A U.S.B.R.. PIPE MARKING THE CENTER. OF SAID SECTION; THENCE NORTH 00°26'37" EAST, FOLLOWING THE NORTH --SOUTH MIDSECTION LINE OF SAID SECTION, 104.24 FEET TO AN INTERSECTION WITH THE EASTERLY BOUNDARY OF A COUNTY ROAD RIGHT -OF- WAY AS DESCRIBED IN AUDITOR'S FILE NUMBER 556407, RECORDS OF GRANT COUNTY, WASHINGTON, SAID POINT BEING MARKED BY A HALF INCH REBAR WITH SURVEYOR'S CAP; THENCE NORTH 28'45'05" EAST, FOLLOWING SAID RIGHT -OF --WAY BOUNDARY, 1371.51 FEET, TO A HALF INCH REBAR. WITH SURVEYOR'S. CAP; THENCE SOUTH 66'22'42"' EAST, 1021.21 FEET TO A HALF INCH REBAR WITH SURVEYOR'S CAP; THENCE SOUTH 24°32'37'' WEST, 975.25 FEET TO AN INTERSECTION WITH THE SOUTH BOUNDARY OF SAID SECTION, SAID POINT BEING MARDED BY A HALF INCH REBAR WITH SURVEYOR'S CAP; THENCE SOUTH 89"-10'10" WEST, FOLLOWING SAID SOUTH BOUNDARY, 1191.11 FEET TO THE POINT OF BEGINNING. APN: 16-0866-003 SUBJECT TO this land is included within the Quincy Columbia Basica. Irrigation District and is subject to laws and regulations of the United States and the State of Washington relative to the Columbia Basin Project and is liable for further assessments, if any, levied by said District. SUBJECT TO County Road right of way; Over: a strip of land 80 feet in width in the West half of the Southeast quarter of Section 22; Recorded: June 16, 1970; ,Auditor's File No. 556407 SUBJECT TO an easement for electric distribution lines, together with the necessary appurtenances, including the terns, covenants and provisions thereof, as granted by instrument recorded October 11, 1954, under Auditor's File No. 231174; RIES LAW FIRM, P.S. To: PUBLIC UTILITY DISTRICT NO. TWO; Affects: Subject premises. SUBJECT TO an easement for electric distribution lines, together with the necessary appurtenances, including the terms, covenants and provisions thereof, as granted by inst=ent recorded August 26, 1979, under Auditor's File No. 558403; To: PUBLIC UTILITY DISTRICT NO. TWO; Affects: Subject premises. SUBJECT TO relinquishment of all existing, future or potential easements for access, light, view and air, and all rights of ingress, egress and regress to, from and between said premises and the highway or highways to be constructed on the lands conveyed by deed; Recorded: December 6, 1.989 Recording No.: 833366 To: The State of Washington SUBJECT TO matters as set forth on Survey: Recorded: June 15, 2005 Recording No.: 1171101 TOGETHER WITH ALL WATER AND WATER RIGHTS, IF ANY, DITCHES, APPROPRIATIONS, FRANCHISES., PRIVILEGES, PERMITS., LICENSES AND EASEMENTS THAT ARE ON,, CONNECTED WITH, APPURTENANT TO OR USUALLY HAD AND ENJOYED IN CONNECTION WITH THE ABOVE- DESCRIBED REAL PROPERTY. TOGETHER WITH SUCH RIGHT, TITLE AND INTEREST AS SELLER HAS OR MAY HAVE OR MAY BE ABLE TO CONVEY WITH RESPECT TO RIGHTS AND SERVICES APPURTENANT TO THE ABOVE-DESCRIBED REAL PROPERTY INCLUDING,, BUT NOT LIMITED TO., UTILITY SERVICES AND OTHER SERVICES AND AGREEMENTS DIRECTLY BENEFITING THE ABOVE- DESCRIBED PROPERTY. TOGETHER WITH ALL OILS, GASES, COAL OR AS HYDROCARBONS, FOSSILS, MINERALS AND SUBSTANCES NOW OR HEREAFTER HAVING ECONOMIC VALUE OF EVERY NAME., KIND OR DESCRIPTION (ALL HEREINAFTER IN THIS PARAGRAPH "MINERALS -37) WHICH MAY BE IN OR UPON THE ABOVE-DESCRIBED REAL PROPERTY OR ANY PART THEREOF. INCLUDING ALL IMPROVEMENTS AND FIXTURES SITUATED ON THE ABOVE-DESCR.IBED REAL PROPERTY ON THE DATE OF THIS AGREEMENT. F1 DATED this of January,, 2022. SUN BASIN RACEWAY, LLC 10 U12 STATE OF WASHINGTON Ss. County of Grant Michael L Witte;, Member Rita Witte, Member GRANTOR This record was acknowledged before me on January 2022 by Michael I. Witte and Rita Witte as Members of SUN BASP-T RACEWAY, a Wasbington limited liability company. (Signature) Notary Public in and for the State of Washington Residing in My commission expires: 3 Department of Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A) Revenue Only for sales in a single location code on or after January 1, 2020. Washington State This affidavit will not be accepted unless all areas on all pages are fully completed, Form 84 0001 a This form is your receipt when stamped by cashier. Please type or print , 0 Check box if the sale occurred in more than one location code. Q Check box if partial sale, indicate % sold. List percentage of ownership acquired next to each name. a. seller/Grantor 2 Buyer/Grantee Name Sun Basin Raceway, LLC, a Washington limited liability Name Grant County, a Washington state municipal corporation company Reason for exemption Mailing address PO Box 145 City/state/zip Ephrata, WA98823 Phone (including area code) 3 Send a[[ property tax correspondence to: [@ Same as Buyer/Grantee Name Mailing address City/state/zip Phone (including area code) List all real and personal property tax parcel account numbers 16-0866-003 Personal Assessed property? Value(s) ❑ $0.00 Mailing address F1 City/state/zi p F1 4 Street address of property NNA#16-0866-003, Ephrata, WA 98823 This property is located in Grant Coun (`or unincorporated locations please select your county) 11 Check box if any of the listed parcels are being segregated from another parcel, are part of a boundary line adjustment or parcels being merged. .egal description of property(if you need more space, attach a separate sheet to each page of the affidavit). SEE EXHIB[TAATTACHED HERETO 5 11 7 List all personal property (tangible and intangible) included in selling price. Enter any additional codes (see back of last page for, instructions) Was the seller receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior If claiming an exemption, list WAC number and reason for exemption. citizen or disabled person, homeowner with limited income)? 13 Yes [M No WAC number (section/subsection) is this property predominantly used for timber (as classified Reason for exemption under RCW 84.84 and 84.33) or agriculture (as classified under RCW 84.34.020)? See ETA 3215. © Yes W No If yes, complete the predominate use calculator (see instructions for section 5). f Is this property designated as forest land per RCW 84.33? Mes O No Statutory Warranty Deed Is this property classified as current use (open space, farm Type of document and agricultural, or timber) land per RCW 84.34? ❑ Yes ®No Date of document is this property receiving special valuation as historical Gross selling price 500,000.00 property per RCW 84.26? 0 Yes ®No *Personal property (deduct) If any answers are yes, complete as instructed below. Exemption claimed {deduct} (1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE) 500,000.00 NEW OWNER(S): To continue the current designation as forest land Taxable selling price or classification as current use (open space, farm and agriculture, or Excise tax., state timber) land, you must sign on (3) below. The county assessor must then 5,500.00 determine if the land transferred continues to qualify and will indicate Less than $500,000.01 at 1.1% by signing below. If the land no longer qualifies or you do not wish to From $500,000.01 to $1,500,000 at 1.28% continue the designation or classification, it will be removed and the compensating or additional taxes will be due and payable by the seller From $1,500,000.01 to $3,000,000 at 2.75% or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to Above $3,000,000 at 3% signing (3) below, you may contact your local county assessor for more information. Agricultural and timberland at 1.28% This land: ❑ does 0 does not qualify for Total excise tax: state 5,500.00 continuance. Local 2,500.00 Deputy assessor signature Date `Delinquent interest: state (2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY) Local NEW OWNER(S): To continue special valuation as historic property, sign *Delinquent penalty (3) below. If the new owner(s) doesn't wish to continue, all additional tax Subtotal 8,000.00 calculated pursuant to RCW 84.26, shall be due and payable by the seller or transferor at the time of sale. *State technology fee (3) NEW OWNER(S) SIGNATURE Affidavit processing fee Signature Signature Total due____., 8,000.00 A MINIMUM OF $10.00 IS DUE 1N FEE(S) AND/OR TAX Print name Print name `SEE INSTRUCTIONS S I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT Signature of grantor or agent Signature of grantee or agent Name (print) Name (print) Date & city of signing Date & city of signing Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of fiveears, or by a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine {RCW 9A.72.030 and RCW 9A.20.021(1)(c)). To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705, Teletype (TTY) users may use the WA Relay Service by calling 711. REV 84 0001a (3/12/2.) THIS SPACE TREASURER'S USE ONLY COUNTY TREASU RER Print on legal size paper. EXHIBIT "A" That portion of the Southeast quarter of Section 22, Township 21 North, Range 26 E.W.M., Grant County, Washington described as follows: Beginning at a U.S. B.R. brass cap monument marking the South comer of said Section; said point bears South 00026'38" West, 2649.36 feet from a U.S.B.R. pipe marking the center of said Section; thence North 00026'37" East following the North-South midsection line of said Section, 104.24 feet to an intersection with the Easterly boundary of a County Road right-of-way as described in Auditor's File No. 556407, records of Grant County, Washington, said point being marked by a half inch rebar with surveyor's cap; thence North 28°4605' East, following said right-of-way boundary, 1371.51 feet to a half inch rebar with surveyor's cap; thence South 66°22'42" East, 1021.21 feet to a half inch rebar with surveyor's cap; thence South 24°32'37" Vilest, 975.25 feet to an intersection with the South boundary of said Section said point being marked by a half inch rebar with surveyor's cap; thence South 89°30'10" West, following said South boundary, 1191.11 feet to Point of Beginning. System: 1/31/2022 11:51:17 AM County of Grant Page: 2 User Date: 1/31/2022 PAYABLES TRANSACTION EDIT LIST User ID: vbrown Batch I D Payables Management Purchases Amount Terms Disc Avail Document Total ---------------- ------------------ ------------------ $510,892.38 $0.00 $510,892.38 State of Washington -County of Grant I, the undersigned, do hereby certify under penalty of perjury that the materials have been furnished, the services rendered or the labor performed as described herein, that any advance payment is due and payable pursuant to a contract or is available as an option for full or partial fulfillment of a contractural obligation, and that the claim is a just, due and unpaid obligation against the county, and that I am authorized to authenticate and certify to said claim. Subscribed thisJS� day of 1XJJ1 te'Anti J d (Signed)lam+ For Jul V Department Approved and Authorized By . Commissioner v Commissioner Commissioner Date Allowed System: 1/31/2022 11:51:17 AM County of Grant Page: 1 User Date: 1/31/2022 PAYABLES TRANSACTION EDIT LIST User ID: vbrown Payables Management Batch ID: CSD01312022VB Batch Comment: Batch Frequency: Single Use Trx Total Actual: 1 Trx Total Control: 0 Audit Trail Code: Batch Total Actual: $510,892.38 Batch Total Control: $510,892.38 Batch Error Messages: Posting Date: 1/31/2022 User posting access denied Document Total Vendor ID Document Number Document Date Voucher Number Purchases ; Vendor Name Terms Disc Avail FTESC G-19898CDF 1/31/2022 0356974 $510,892.38 $510,892.38 Frontier Title & Escrow Co Description Purchase Ephrata Raceway Payment Information Checkbook/Card Payment Number Document Check Distribution Messages: Work Messages: General Ledger Distributions Account Account Description Account Type 311.001.00.0000.594236100 CRIM. JUST. CONST .... PROP PURCH 692.001.00.0000.211000000 WARRANTS PAYABLE PAY Date Amount 0/0/0000 $0.00 Debit Amount Credit Amount 510,892.38 0.00 0.00 ----------------- 510,892.38 510,892.38 -------------- --- 5107892.38